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Eaton Vance Focused Value Opportunities Fund
EAFVX (Mutual Fund)
Eaton Vance Focused Value Opportunities Fund
Name
As of 12/04/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
19.0%
1 yr return
27.1%
3 Yr Avg Return
8.5%
5 Yr Avg Return
9.8%
Net Assets
$272 M
Holdings in Top 10
33.9%
52 WEEK LOW AND HIGH
$22.3
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.04%
SALES FEES
Front Load 5.25%
Deferred Load N/A
TRADING FEES
Turnover 87.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/04/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
EAFVX - Profile
Distributions
- YTD Total Return 19.0%
- 3 Yr Annualized Total Return 8.5%
- 5 Yr Annualized Total Return 9.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.92%
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameEaton Vance Focused Value Opportunities Fund
-
Fund Family NameEatonVance
-
Inception DateMar 07, 2011
-
Shares Outstanding927808
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerEdward Perkin
Fund Description
Under normal market conditions, the Fund invests primarily in large-cap companies, but may invest in common stocks of companies of any market capitalization, including smaller companies. The portfolio managers generally consider large-cap companies to be those companies having market capitalizations equal to or greater than the median capitalization of companies included in the Russell 1000® Value Index. The Fund invests primarily in value stocks, which are common stocks that, in the opinion of the investment adviser, are inexpensive or undervalued relative to the overall stock market. The Fund generally expects to hold approximately 25 to 45 stocks. The Fund may invest up to 25% of its total assets in foreign securities, some of which may be issued by companies domiciled in emerging market countries, and may also invest in U.S. dollar-denominated securities of foreign companies that trade on U.S. exchanges or in the over-the-counter market (including depositary receipts, such as American Depositary Receipts (“ADRs”), which are either sponsored or unsponsored, and Global Depositary Receipts, that evidence ownership in underlying foreign stocks). The Fund may also invest in publicly traded real estate investment trusts (“REITs”). The Fund may invest in exchange-traded funds (“ETFs”), a type of pooled investment vehicle, in order to manage cash positions or seek exposure to certain markets or market sectors. The Fund may also lend its securities.
Investment decisions are made primarily on the basis of fundamental research. The portfolio managers utilize information provided by, and the expertise of the investment adviser’s research staff in making investment decisions. In selecting securities, the portfolio managers consider (among other factors) a company’s earnings or cash flow capabilities, dividend prospects, financial strength, growth potential, the strength of the company’s business franchises and management team, sustainability of a company’s competitiveness, and estimates of the company’s net value. The portfolio managers may sell a security when the investment adviser’s price objective for the security is reached, the fundamentals of the company deteriorate, a security’s price falls below acquisition cost or to pursue more attractive investment options. The portfolio managers seek to manage investment risk by utilizing fundamental analysis of risk/return characteristics in securities selection and also by using quantitative tools to assist in portfolio construction, monitoring, and maintaining issuer and industry diversification among the Fund’s holdings.
EAFVX - Performance
Return Ranking - Trailing
| Period | EAFVX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 19.0% | -9.6% | 48.0% | 60.67% |
| 1 Yr | 27.1% | -0.8% | 61.8% | 44.66% |
| 3 Yr | 8.5%* | -2.3% | 33.8% | 65.91% |
| 5 Yr | 9.8%* | 0.3% | 46.6% | 69.72% |
| 10 Yr | 9.5%* | 1.7% | 25.3% | 32.55% |
* Annualized
Return Ranking - Calendar
| Period | EAFVX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 5.2% | -16.9% | 46.1% | 56.56% |
| 2022 | -7.0% | -64.7% | 4.6% | 18.57% |
| 2021 | 12.3% | -44.2% | 57.5% | 67.18% |
| 2020 | -1.2% | -23.2% | 285.0% | 55.92% |
| 2019 | 27.4% | -21.4% | 48.5% | 4.41% |
Total Return Ranking - Trailing
| Period | EAFVX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 19.0% | -9.6% | 48.0% | 60.67% |
| 1 Yr | 27.1% | -0.8% | 61.8% | 44.66% |
| 3 Yr | 8.5%* | -2.3% | 33.8% | 65.91% |
| 5 Yr | 9.8%* | 0.3% | 46.6% | 69.72% |
| 10 Yr | 9.5%* | 1.7% | 25.3% | 32.55% |
* Annualized
Total Return Ranking - Calendar
| Period | EAFVX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 8.1% | -15.9% | 46.7% | 74.42% |
| 2022 | -3.5% | -42.0% | 8.5% | 30.07% |
| 2021 | 23.5% | 3.6% | 129.7% | 76.70% |
| 2020 | 2.0% | -22.6% | 304.8% | 59.00% |
| 2019 | 32.3% | -12.7% | 52.1% | 3.38% |
NAV & Total Return History
EAFVX - Holdings
Concentration Analysis
| EAFVX | Category Low | Category High | EAFVX % Rank | |
|---|---|---|---|---|
| Net Assets | 272 M | 126 K | 163 B | 72.73% |
| Number of Holdings | 37 | 2 | 1727 | 89.61% |
| Net Assets in Top 10 | 94.3 M | 433 K | 39.5 B | 69.94% |
| Weighting of Top 10 | 33.91% | 4.4% | 99.1% | 24.54% |
Top 10 Holdings
- NextEra Energy Inc 4.24%
- Reinsurance Group of America Inc 3.87%
- AbbVie Inc 3.85%
- ConocoPhillips 3.54%
- Thermo Fisher Scientific Inc 3.53%
- Hasbro Inc 3.41%
- Johnson Controls International plc 2.97%
- Mid-America Apartment Communities Inc 2.85%
- 3M Co 2.83%
- Westinghouse Air Brake Technologies Corp 2.81%
Asset Allocation
| Weighting | Return Low | Return High | EAFVX % Rank | |
|---|---|---|---|---|
| Stocks | 97.10% | 4.16% | 102.49% | 72.36% |
| Cash | 2.90% | 0.00% | 17.28% | 23.01% |
| Preferred Stocks | 0.00% | 0.00% | 13.68% | 53.25% |
| Other | 0.00% | -2.59% | 39.89% | 60.67% |
| Convertible Bonds | 0.00% | 0.00% | 3.66% | 50.33% |
| Bonds | 0.00% | 0.00% | 97.99% | 52.32% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | EAFVX % Rank | |
|---|---|---|---|---|
| Healthcare | 19.91% | 0.00% | 30.08% | 20.97% |
| Financial Services | 18.35% | 0.00% | 58.05% | 61.52% |
| Industrials | 14.51% | 0.00% | 42.76% | 14.14% |
| Consumer Defense | 9.93% | 0.00% | 34.10% | 31.65% |
| Technology | 9.71% | 0.00% | 54.02% | 58.05% |
| Communication Services | 7.40% | 0.00% | 26.58% | 25.37% |
| Real Estate | 5.13% | 0.00% | 90.54% | 17.51% |
| Energy | 4.61% | 0.00% | 54.00% | 82.68% |
| Consumer Cyclical | 4.03% | 0.00% | 22.74% | 80.24% |
| Basic Materials | 3.23% | 0.00% | 21.69% | 54.03% |
| Utilities | 3.18% | 0.00% | 27.04% | 67.32% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | EAFVX % Rank | |
|---|---|---|---|---|
| US | 97.10% | 4.16% | 102.49% | 54.08% |
| Non US | 0.00% | 0.00% | 24.08% | 66.05% |
EAFVX - Expenses
Operational Fees
| EAFVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.04% | 0.03% | 14.82% | 38.83% |
| Management Fee | 0.65% | 0.00% | 1.50% | 66.79% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 38.48% |
| Administrative Fee | N/A | 0.00% | 0.50% | N/A |
Sales Fees
| EAFVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 5.25% | 1.00% | 5.75% | 69.87% |
| Deferred Load | N/A | 0.95% | 5.00% | N/A |
Trading Fees
| EAFVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| EAFVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 87.00% | 0.00% | 488.00% | 85.05% |
EAFVX - Distributions
Dividend Yield Analysis
| EAFVX | Category Low | Category High | EAFVX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 16.67% | 51.53% |
Dividend Distribution Analysis
| EAFVX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | SemiAnnual | Quarterly | Quarterly |
Net Income Ratio Analysis
| EAFVX | Category Low | Category High | EAFVX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.92% | -1.51% | 4.28% | 73.60% |
Capital Gain Distribution Analysis
| EAFVX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 12, 2023 | $0.169 | OrdinaryDividend |
| Dec 12, 2023 | $0.333 | CapitalGainLongTerm |
| Dec 13, 2022 | $0.686 | OrdinaryDividend |
| Dec 13, 2021 | $1.867 | OrdinaryDividend |
| Dec 15, 2020 | $0.099 | OrdinaryDividend |
| Aug 18, 2020 | $0.391 | OrdinaryDividend |
| Dec 03, 2019 | $0.535 | OrdinaryDividend |
| Aug 08, 2019 | $0.103 | CapitalGainLongTerm |
| Dec 04, 2018 | $0.345 | CapitalGainShortTerm |
| Dec 04, 2018 | $0.563 | CapitalGainLongTerm |
| Dec 04, 2018 | $0.135 | OrdinaryDividend |
| Aug 09, 2018 | $0.045 | ExtraDividend |
| Aug 09, 2018 | $0.173 | CapitalGainShortTerm |
| Aug 09, 2018 | $1.104 | CapitalGainLongTerm |
| Dec 05, 2017 | $0.055 | CapitalGainShortTerm |
| Dec 05, 2017 | $0.339 | CapitalGainLongTerm |
| Dec 05, 2017 | $0.142 | OrdinaryDividend |
| Jul 26, 2017 | $0.014 | ExtraDividend |
| Dec 08, 2016 | $0.172 | OrdinaryDividend |
| Jun 15, 2016 | $0.002 | ExtraDividend |
| Dec 10, 2015 | $0.171 | OrdinaryDividend |
| May 21, 2015 | $0.016 | ExtraDividend |
| May 21, 2015 | $0.154 | CapitalGainShortTerm |
| May 21, 2015 | $0.202 | CapitalGainLongTerm |
| Dec 11, 2014 | $0.181 | CapitalGainShortTerm |
| Dec 11, 2014 | $0.578 | CapitalGainLongTerm |
| Dec 11, 2014 | $0.040 | OrdinaryDividend |
| Sep 09, 2014 | $0.035 | CapitalGainShortTerm |
| Sep 09, 2014 | $0.064 | CapitalGainLongTerm |
| Sep 09, 2014 | $0.029 | OrdinaryDividend |
| Dec 12, 2013 | $0.031 | CapitalGainShortTerm |
| Dec 12, 2013 | $0.239 | CapitalGainLongTerm |
| Dec 12, 2013 | $0.068 | OrdinaryDividend |
| Aug 01, 2013 | $0.015 | ExtraDividend |
| Dec 13, 2012 | $0.141 | OrdinaryDividend |
| Dec 21, 2011 | $0.100 | OrdinaryDividend |
EAFVX - Fund Manager Analysis
Managers
Edward Perkin
Start Date
Tenure
Tenure Rank
Jun 30, 2014
7.92
7.9%
Edward J. Perkin is a vice president and chief equity investment officer of Eaton Vance Management. He is responsible for all equity disciplines at Eaton Vance, including U.S and global equity portfolios in value, core, growth and dividend income styles and covering large-cap, multicap, midcap and small-cap ranges. Eddie joined Eaton Vance in April 2014 from Goldman Sachs Asset Management (GSAM) in London, where he was chief investment officer (international and emerging-market equity) as well as managing director/portfolio manager (Europe, EAFE and global). In this role, he was responsible for leading a 50-person team of portfolio managers and analysts in eight locations. Before relocating to London in 2008, Mr. Perkin was a portfolio manager and analyst on GSAM’s U.S. value equity team in New York. Mr. Perkin was previously associated with FISERV and American Retirement Insurance Services. Eddie earned a B.A. in economics from the University of California, Santa Barbara, and an MBA from Columbia Business School. He is a CFA charter holder.
Aaron Dunn
Start Date
Tenure
Tenure Rank
Dec 08, 2017
4.48
4.5%
Aaron Dunn is a vice president of Eaton Vance Management, co-director of value equity on Eaton Vance’s value team, where he also serves as a portfolio manager. He is responsible for buy and sell decisions, portfolio construction and risk management, as well as coverage of the energy sector. He is a member of the firm’s Equity Strategy Committee. He joined Eaton Vance in 2012. Aaron began his career in the investment management industry in 2000. Before joining Eaton Vance, Aaron was a senior equity analyst for Pioneer Global Asset Management. He was previously affiliated with Invesco and U.S. Global Investors. Aaron earned a B.S. from the University of Arkansas and an MBA from The University of Texas at Austin McCombs School of Business. He is a member of the CFA Society Boston and a CFA charterholder.
Bradley Galko
Start Date
Tenure
Tenure Rank
Feb 03, 2020
2.32
2.3%
Bradley Galko is a vice president of Eaton Vance Management and a portfolio manager on Eaton Vance’s value team. He is responsible for buy and sell decisions, portfolio construction and risk management, as well as coverage of the industrials and materials sectors. He is a member of the firm’s Equity Strategy Committee. He joined Eaton Vance in 2013. Brad began his career in the investment management industry in 1991. Before joining Eaton Vance, Brad was a vice president and senior equity analyst at Pioneer Investment Management. Previously, he was a vice president and senior equity research analyst at Morgan Stanley & Co. Brad earned a B.B.A., magna cum laude, from the University of Notre Dame. He is a CFA charterholder and member of the CFA Society Boston.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.05 | 86.59 | 8.09 | 6.71 |
